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Visa Issues 4 Billion Tokens, Surpassing Its Physical Cards In Circulation
Payment giant Visa Inc has announced that its tokens have surpassed the number of physical cards in circulation. The company has issued more than 4 billion network tokens worldwide through its Visa Token Service (VTS).
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Amazon May Drop Visa As Partner On US Credit Card After UK Move
Amazon.com Inc is considering dropping Visa as partner on its US co-branded credit card after earlier confirming it would stop accepting Visa credit cards in the United Kingdom as a dispute over payments intensified.
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India's Mastercard Ban Seen As "Draconian" By US Trade Official
A senior US trade official privately criticised India's decision to ban Mastercard from issuing new cards, calling it a "draconian" move
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After The Big Mastercard Ban, What Next? 10-Point Update
A day after the Reserve Bank of India (RBI) barred Mastercard from adding new customers in India from July 22, RBL Bank announced it has signed up Visa Inc for its credit cards. RBI says Mastercard violated rules that require foreign card networks to store India-related payments data only in the country.
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Mastercard Ban Drives A Partner - And Customers - To Visa
RBL Bank said on Thursday it has signed up Visa Inc for its credit cards, a day after central bank decided to bar rival payments company Mastercard Inc from issuing new debit or credit cards in the country.
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RBL Bank Signs Up Visa After RBI Ban On Mastercard
RBL Bank said it has signed up Visa Inc for its credit cards, after RBI barred Mastercard Inc from issuing new debit or credit cards in India.
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Google Leads US Business Push To Safeguard Work Permits For H-1B Spouses
Alphabet Inc's Google said on Friday it was leading about 30 companies and trade groups in opposing a lawsuit that seeks to stop over 90,000 spouses of highly skilled US visa workers from having jobs in the country.
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Visa To Allow Payments Using Cryptocurrency, Says "Seeing Demand"
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
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Experts Say US Curbs On Hiring Foreign Workers Blessing For India Inc
The Trump administration's decision to prevent federal agencies from hiring foreign workers - mainly those on H1B visas - will hurt the US economy more than Indians eyeing the American job market, industry heads said, adding that the policy changes introduced in the run up to the US Presidential elections this year could work as the push the Indian...
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Visa To Buy Fintech Startup Plaid In $5.3-Billion Deal
Visa and rival Mastercard Inc had invested in Plaid in a $250 million series C funding round in 2018 that reportedly valued the firm at $2.65 billion.
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Mastercard, Visa, EBay, Others Exit Facebook's Libra Coin Project
Facebook Inc's efforts to establish a global digital currency called Libra suffered major setbacks on Friday, as EBay Inc, Stripe Inc, Mastercard and Visa Inc all said they were leaving a group of companies aiding the project.
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Visa, Mastercard To Back Facebook's Cryptocurrency Libra: Report
Visa, Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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Top Indian IT Companies Expected To Post Muted Revenue Growth In Q3: Report
Though there are reasons to be optimistic on demand conditions, the potential changes in US visa rules remain an overhang for the sector, says Kotak Institutional Equities.
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Commerce Minister Nirmala Sitharaman To Hold Meeting With Industry On H-1B Visa Issue Soon
Amid concerns being raised by India Inc on the US visa regime, the Commerce and Industry Ministry on Monday said it will soon hold a meeting with industry including Nasscom to discuss the issue. Commerce and Industry Minister Nirmala Sitharaman said that India is closely monitoring the developments and is constantly in touch with the councillor off...
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Economy Gets $6.08 Billion Boost Via E-payments From 2011-15: Report
An increased use of electronic payment methods such as credit, debit and prepaid cards has added 6.08 billion to the Indian economy during 2011 to 2015, even as it has created 336,000 jobs during the period, says a Visa Inc study conducted by Moody's Analytics.
-
Visa Issues 4 Billion Tokens, Surpassing Its Physical Cards In Circulation
Payment giant Visa Inc has announced that its tokens have surpassed the number of physical cards in circulation. The company has issued more than 4 billion network tokens worldwide through its Visa Token Service (VTS).
-
Amazon May Drop Visa As Partner On US Credit Card After UK Move
Amazon.com Inc is considering dropping Visa as partner on its US co-branded credit card after earlier confirming it would stop accepting Visa credit cards in the United Kingdom as a dispute over payments intensified.
-
India's Mastercard Ban Seen As "Draconian" By US Trade Official
A senior US trade official privately criticised India's decision to ban Mastercard from issuing new cards, calling it a "draconian" move
-
After The Big Mastercard Ban, What Next? 10-Point Update
A day after the Reserve Bank of India (RBI) barred Mastercard from adding new customers in India from July 22, RBL Bank announced it has signed up Visa Inc for its credit cards. RBI says Mastercard violated rules that require foreign card networks to store India-related payments data only in the country.
-
Mastercard Ban Drives A Partner - And Customers - To Visa
RBL Bank said on Thursday it has signed up Visa Inc for its credit cards, a day after central bank decided to bar rival payments company Mastercard Inc from issuing new debit or credit cards in the country.
-
RBL Bank Signs Up Visa After RBI Ban On Mastercard
RBL Bank said it has signed up Visa Inc for its credit cards, after RBI barred Mastercard Inc from issuing new debit or credit cards in India.
-
Google Leads US Business Push To Safeguard Work Permits For H-1B Spouses
Alphabet Inc's Google said on Friday it was leading about 30 companies and trade groups in opposing a lawsuit that seeks to stop over 90,000 spouses of highly skilled US visa workers from having jobs in the country.
-
Visa To Allow Payments Using Cryptocurrency, Says "Seeing Demand"
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
-
Experts Say US Curbs On Hiring Foreign Workers Blessing For India Inc
The Trump administration's decision to prevent federal agencies from hiring foreign workers - mainly those on H1B visas - will hurt the US economy more than Indians eyeing the American job market, industry heads said, adding that the policy changes introduced in the run up to the US Presidential elections this year could work as the push the Indian...
-
Visa To Buy Fintech Startup Plaid In $5.3-Billion Deal
Visa and rival Mastercard Inc had invested in Plaid in a $250 million series C funding round in 2018 that reportedly valued the firm at $2.65 billion.
-
Mastercard, Visa, EBay, Others Exit Facebook's Libra Coin Project
Facebook Inc's efforts to establish a global digital currency called Libra suffered major setbacks on Friday, as EBay Inc, Stripe Inc, Mastercard and Visa Inc all said they were leaving a group of companies aiding the project.
-
Visa, Mastercard To Back Facebook's Cryptocurrency Libra: Report
Visa, Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
-
Top Indian IT Companies Expected To Post Muted Revenue Growth In Q3: Report
Though there are reasons to be optimistic on demand conditions, the potential changes in US visa rules remain an overhang for the sector, says Kotak Institutional Equities.
-
Commerce Minister Nirmala Sitharaman To Hold Meeting With Industry On H-1B Visa Issue Soon
Amid concerns being raised by India Inc on the US visa regime, the Commerce and Industry Ministry on Monday said it will soon hold a meeting with industry including Nasscom to discuss the issue. Commerce and Industry Minister Nirmala Sitharaman said that India is closely monitoring the developments and is constantly in touch with the councillor off...
-
Economy Gets $6.08 Billion Boost Via E-payments From 2011-15: Report
An increased use of electronic payment methods such as credit, debit and prepaid cards has added 6.08 billion to the Indian economy during 2011 to 2015, even as it has created 336,000 jobs during the period, says a Visa Inc study conducted by Moody's Analytics.
